Financial TimesBP targets deeper cost cuts to cope with cheaper oilFinancial TimesBP has already reduced its unit production costs by 40 per cent since 2013, when the industry was gorging on oil prices above $100 per barrel before the market crashed the fo …

New York TimesOil Companies at Last See Path to Profits After Painful Spell - The ...New York TimesWhen oil prices fell, companies scrambled to adjust by cutting jobs and investment. Then they went to work on a far-reaching rethinking of their businesses.a …

New York TimesOil Companies at Last See Path to Profits After Painful SpellNew York Times“I feel good about the North Sea, to tell you the truth,” Mark J. Thomas, North Sea regional president for the oil giant BP, said in an interview at the company's …

Amid IT layoffs, engineering colleges shift focus to skillingBusiness StandardDharwad-based SDM College of Engineering & Technology has turned to electives ahead of the placement season. While roughly 400 students in a batch of 600 participate in place …

Illinois, UAE schools team up to give engineering degreesSan Francisco ChronicleThe agreement was initiated by the University of Illinois' Department of Civil and Environmental Engineering and the American University of Ras Al Khaimah's School of E …

Hindustan TimesLayoffs and shrinking job market: Is this the end of India's engineering dream?Hindustan TimesSharma is one of the several thousands of Indians who go to engineering colleges to realise their dream of a good life. The 29-year-old softwar …

U.S. News & World ReportIllinois, UAE Schools Team up to Give Engineering Degrees | Illinois ...U.S. News & World ReportUniversity officials in Illinois and the United Arab Emirates have signed a deal to let students study at schools in both places and get …

ReutersConocoPhillips to lay off 300 in Canada oil sands pullbackReutersNorwegian oil company Statoil ASA (STL.OL), which late last year agreed to sell Canadian oil sands assets to local producer Athabasca Oil Corp (ATH.TO), has also shed staff, a spokesma …

CBC.caDrilling rig worker training rebounds as oil and gas prices stabilizeCBC.caRecent oil price stability over $50 US per barrel and optimism sparked by the announcement in November of production cuts by OPEC and non-OPEC producers have resulted in risin …

Shell sued in UK for 'decades of oil spills' in NigeriaAljazeera.comThe Nigerian water is contaminated with oil and cancer-causing compounds such as benzene. It is what his people drink every day. Lawyers for more than 40,000 Nigerians are demandin …